3763 Economics colleges in India

Economics is a social science concerned with the production, distribution and consumption of goods and services. Economics is divided into microeconomics and macroeconomics. The field is very interesting as it offers a variety of subjects in it. The banking sector, trade, commerce, insurance, and other areas. Candidates have a bright career prospects after pursuing Economics courses. They can become Economist, Financial Risk Analyst, Accountant, Investment Analyst, Financial Consultant, Data Analyst and more. Over the years, India has produced eminent economists. Some include Abhijit Banerjee, Amartya Sen, Montek Singh Ahluwalia, etc.

In India, there around 3027 Economics colleges in India. Out of these, 38% are public/government colleges, 22% are public private colleges and 22% are private colleges. These include St. Stephen's College, SRCC - Shri Ram College of Commerce, The Heritage College, Hindu College, JNU, SSE Pune - Symbiosis School of Economics, St. Xavier's College Kolkata, Miranda House, etc. Candidates can pursue BA, MA, BA (Hons), BSc, PhD, MSc, MPhil, etc. degrees in Economics.

Students can pursue Economics courses through full-time, distance/correspondence, part time-classroom education. To get admission, candidates need to appear for entrance exams such as DUET, CUCET, IPU CET, KUK Entrance Exam, NMIMS-NPAT, UGC NET, UGAT, SET, etc. Some of the Economics specialisations offered by these colleges include:

• English
• Mathematics
• Statistics
• Public Administration
• Finance
• Sales and Marketing
• Human Resources
• Operations
• IT and Systems
• Business Economics
• International Economics
• Applied Econometrics
• Public Policy
• International Relations

Economics graduates require the following skillsets to manage different types of work. Listed below are some of the skills:

• Good communication skills
• Problem-solving
• Leadership
• Initiative
• Research Oriented
• Multi-tasking
• Time management
• Logical Thinking
• Mathematical Skills

Here is the list of some of the top private and public Economics colleges in India:

Public Colleges	Course Fee (in Rs)
St. Stephen's College	1.05 L
SRCC - Shri Ram College of Commerce	72.62 K
Hindu College	14.18 K
JNU - Jawaharlal Nehru University	609
Miranda House	34.06 K - 36.48 K

 

Public-Private Colleges	Course Fee (in Rs)
Directorate of Distance Education, Kurukshetra University	16 K
Agra College	-
C.Kandaswami Naidu College For Women	-
M.S.S.Wakf Board College	-

 

Private Colleges	Course Fee (in Rs)
LPU - Lovely Professional University	1.62 L - 5.46 L
Fergusson College	-
St. Pauls College	-
SJC Bangalore - St. Joseph's College	-

Economics courses Eligibility Criteria

To be eligible for admission to Economics courses, candidates need to meet the following eligibility criteria:

• Undergraduation: Students must have passed Class 12th from a recognised board.
• Postgraduation: Students must have passed graduation from a recognised university.
• Students must secure 55% aggregate in graduation.
• Candidates need to appear in entrance exams to get admission.

What are the study options available after Economics?

After completing Economics courses, jobs can be found in both private and public sector. Opportunities can be found in government enterprises, financial institutions, Indian Economic Services, RBI, Research companies, etc. After completing graduation in Economics, candidates can also pursue higher education such as MA, MSc, PhD, MCom, PG Diploma, MBA, etc. Listed below are few courses that candidates can pursue after graduation:

Postgraduation

• MA in Economics
• MSc in Economics
• MBA/PGDM
• MCom in Economics
• Executive MBA/PGDM
• MFSc
• MPhil in Economics
• FPM

Doctoral Degree

• PhD

Certification Course

• CA
• CS
• CFA

Placement Trends

Economics is the subject that has both national and international significance. There is an extensive demand for economic researchers, analysts, consultants, strategists, etc. Economic advisors are now seen as an inevitable part of any small or large scale organisation. Immense opportunities are available in Economics and can select any of the fields they desire to pursue in this sector. There are both public and private sector jobs available in abundance. One can also become entrepreneur to implement the learning in the real world. Some of the job profiles that Economics graduate can pick are given below:

• Professional Economist
• Financial Risk Analyst
• Data Analyst (Banking Sector)
• Financial Planner (Banking Sector)
• Financial Controller/Financial Economist
• Equity Analyst
• Cost Accountant
• Economic Researcher
• Business Economist
• Agricultural Economist
• International Economist (Specialization)
• Industrial Economist (Specialization)
• Labour Economist (Specialization)
• Investment Analyst
• Actuary

Listed below is the highest salary for Economics Colleges in India for 2019-2020:

College Name	Highest salary (in Rs LPA)
St. Stephen's College	9
JNU - Jawaharlal Nehru University	7.99
St. Xavier's College	5.5
SRCC - Shri Ram College of Commerce	5.26
Hindu College	5
Miranda House	4.5-5.9
Fergusson College	4-4.5
Loyola College	3-3.5
LPU - Lovely Professional University	1.62- 5.46

 Top Recruiters for Economics Graduates

A large number of Economics colleges in India provide placement opportunities to the students. Below is the list of few top companies that recruit Economics students along with their placement ratings:

Colleges	Placement Ratings (Based on Reviews)	Top Recruiters
St. Stephen's College	4.4	AT Kearney, Bain and Company, BCG, CITI Bank, DE Shaw, E&Y, Hindustan Times, IndusInd Bank, JSW Steel, McKinsey, Morgan Stanley, Nomura, Parthenon, RSA Group, Times of India, Towers Watson, ZS Associates, etc.
SRCC - Shri Ram College of Commerce	4.4	Google, ICICI Bank, Barclays, JP Morgan, Deloitte, Zomato and KPMG, etc.
LPU - Lovely Professional University	3.9	Hewlett Packard, Amazon, Abbott, IBM, Cognizant Technology Solutions, Google and Microsoft, etc.
Loyola College	4.3	HCL Technologies, Infosys, C. S. Corporation, Tech Mahindra, Wipro, etc.
Hindu College	3.8	DE Shaw, Deloitte, Ernst & Young, Essar Cellular, Google, HDFC Bank, India Bulls, Jaypee Group, KPMG, Maruti Suzuki, Protiviti, Royal Sundaram, etc.

 Economics Mode of Study

Economics courses can be pursued from various colleges through different modes such as full-time, distance-learning and online. Around 2990 colleges offer full-time course, 35 offer distance/correspondence mode of learning, 20 offer part time-classroom mode of learning and four offer online classes.

Full-time Mode of Study

Some of the popular colleges/ universities that offer full-time Economics courses are:

Colleges	Location
St. Stephen's College	Delhi
SRCC - Shri Ram College of Commerce	Delhi
LPU - Lovely Professional University	Jalandhar
Loyola College	Chennai
Hindu College	Delhi
JNU - Jawaharlal Nehru University	Delhi

Distance/ Correspondence Mode of Study

Colleges/ universities that offer courses through distance/ correspondence mode are as follows:

Colleges	Location
UOU - Uttarakhand Open University	Haldwani
IGNOU - Indira Gandhi National Open University	Delhi
Institute of Distance and Open Learning - University of Mumbai	Mumbai
University of Madras, Institute of Distance Education	Chennai
GITAM University	Visakhapatnam

Part Time Classroom Mode of Study

Some of the colleges that offer part time mode of study are given below:

Colleges	Location
LPU - Lovely Professional University	Jalandhar
Symbiosis Institute of Geoinformatics	Pune
Government Arts College, Udumalpet	Tirupur
Government Post Graduate College	Morena
Indian Institute of Management Kashipur	Dehradun

The infographic below will give a detailed overview:

How Affordable is Studying Economics Course in India?

It can be estimated that pursuing Economics in India is moderately-priced as 13% of the colleges have annual fees less than Rs 1 lakh. Some of these colleges are:

• SRCC
• Hindu College
• JNU
• SSE Pune
• Xavier's College Kolkata

Around 2% colleges offer the course with fee between Rs 1 to 2 lakh. Some of these colleges are:

• St. Stephen’s College
• LPU
• SK Somaiya College
• The Heritage College, Kolkata

Around 1% colleges offer the course with fee between Rs 2 to 3 lakh. Some of these colleges are:

• LPU
• Amity University, Noida
• St Xavier’s University, Kolkata
• DTU-Delhi Technological University

Around 1% colleges offer the course with fee between Rs 3 to 5 lakh. Some of the colleges are:

• LPU
• SSE Pune
• NMIMS
• St Xavier’s University

Around 1% colleges offer the course with fee more than Rs 5 lakh. Some of these colleges are:

• SSE Pune
• Ashoka University
• IIT Kanpur
• Flame University

Economics Specialisations Offered in India

Economics specialisations offered in India are Finance, Sales and Marketing, Human Resource, Operations, Business Economics, etc. Refer to the infographic below for detailed overview:

Which are the most popular Economic Courses Exams in India?

Most popular entrance exams for studying Economics in India are DUET, CAT, CUCET, XAT, MAT, CMAT, IPU CET, CPGET, NMIMS-NPAT, SET, etc. Refer to the infographic below for a detailed overview: